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Barchart
Barchart
Austin Schroeder

Wheat Posts Mixed Trade on Monday

The wheat complex posted mixed trade on the Monday session. Chicago SRW contracts were down 3 ¼ cents to 4 ¼ cents higher at the close. KC HRW futures were mixed, with contracts 6 cent lower to up 3 ½ cents. MPLS spring wheat was down a penny to 12 ½ cents at the close.

The weekly NASS Crop Progress report showed 93% of the US spring wheat crop harvested by Sunday, 1% ahead of the normal pace. The winter wheat crop was lagging the 5 year average for planting pace, by 4 percentage points at 8% complete.

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